Health Economics & Outcomes Research

The Ultimate Goal

Obtaining Market approval (CE mark) is an important milestone but not the end of the road. Yes, you can sell your Medical Device freely, but finding large acceptance from payers such as health insurers at value based price is a different story and requires a well designed strategy to achieve successfuly.

TRIQ Reimbursement Support

Return On Investment (ROI) is a key driver in seeking recognition by Payers that the Medical Device’s efficacy is worth buying at a given price. The trick is how to prove to the payers that it is in their best interest to invest in this Medical Device / Therapy to minimize costs that would otherwise be incurred if the Medical Device had not been used (long term hospitalization, recurrent hospitalizations and medicine costs).

This is a complex task and depends on variables i.e. the medical indication, number of alternative solutions,  total procedureal costs, long term outcomes etc.etc. The sheer diversity of Medical Devices and their applications makes a tailor made assessment and strategy essential.

Our Solutions

There are several key elements to assess and communicate value to stakeholders depending on their individual needs;

Early assessment

• Investment opportunity assessment
• Indication & therapeutic landscaping
• Early cost effectiveness models